New Delhi: Automobile manufacturer Volkswagen India will raise prices of Polo and Vento models by up to 2.5 per cent from January 2021. According to the company, the move will be initiated in lieu of the rising input costs.Also Read - Czech PM hails 'Make in India' initiative as good strategy

“Effective January 2021, Volkswagen India announces a price revision of up to 2.5 per cent across the Polo and Vento models in lieu to the rising input costs,” said a spokesperson for Volkswagen Passenger Cars India. Also Read - VW eyes IT, banking professionals in India to drive sales

Recently, other automobile brands also announced their plans to raise vehicle prices. Few days back, luxury automobile manufacturer BMW Group India said it will raise vehicle prices by up to 2 per cent for all BMW and MINI models. Also Read - 2018 Toyota Yaris Officially Revealed at Auto Expo 2018; India Launch Soon

The BMW Group India will introduce the revised 2021 pricing for all BMW and MINI models effective January 4, 2021.